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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (109857)3/23/2010 10:16:04 PM
From: Crimson Ghost1 Recommendation  Read Replies (1) | Respond to of 116555
 
Junk bond prices have risen very little recently despite surging demand even as stocks continue to soar. The failure of junk bonds to confirm new highs in stocks could be signalling that a top is near in equities.



To: mishedlo who wrote (109857)3/24/2010 12:30:25 AM
From: Hawkmoon4 Recommendations  Read Replies (4) | Respond to of 116555
 
Mish,

Had a VERY INTERESTING conversation this evening with a CFO for a local business who employs about 100 people total..

I asked him how this health care bill was going to affect the company he works for.

He told me that he had run the numbers based upon providing health care for all of their employees and realized that he could save the company 1/2 million dollars by just paying the $2000 per employee penalty and not offering any coverage at all.

Is this how the government plans on taking over all health care?

If it's more cost effective for business to just pay the penalty rather than provide coverage, I wonder how many are going to opt for that strategy?

Any other business owners out there have a different view?

Would be interested to know.

Hawk



To: mishedlo who wrote (109857)3/24/2010 9:07:31 AM
From: DebtBomb1 Recommendation  Read Replies (1) | Respond to of 116555
 
Durable goods turning back down? 2/3 of 5.9% GDP was inventory re-stocking? bullandbearwise.com
The 0.5 percent rise in orders in February followed a 3.9 percent increase in January and a gain of 1.8 percent in December. The three straight monthly gains pushed total orders to a seasonally adjusted $178.1 billion in February.
The rebound from the deepest recession since the 1930s has been helped significantly by rising demand for factory goods. American manufacturers are benefiting not only from increased domestic demand, but rising orders from overseas. Overseas orders have been helped by last year's decline in the dollar against many currencies. A weaker dollar makes U.S. products cheaper in foreign markets.

The government will release its final look at overall economic activity in the October-December period on Friday. Economists expect that report to show the gross domestic product growing at an annual rate of 5.9 percent, unchanged from an estimate made a month ago.

About two-thirds of that growth reflected a swing from the massive liquidation of inventories that companies had been undertaking to trim costs during the prolonged recession. Economists are looking for a restocking of inventories to help boost factory production in coming months.
finance.yahoo.com